One billion reasons to rethink your financial crime strategy

18 June 2025

Investment fraud hits £1bn in 2024 – a wake-up call for the financial sector

In 2024, reported investment fraud in the UK surged to a staggering £1 billion – a sharp 34% increase from the previous year. This alarming figure underscores not only the growing sophistication of financial scams but also the rapid evolution of the threat landscape.

From fake cryptocurrency schemes to high-pressure share sales, fraudsters are using increasingly complex tactics to deceive even experienced investors. The rise in social media-driven scams and AI-generated deepfakes has made it more challenging than ever to distinguish legitimate opportunities from traps.

The sophisticated methods deployed to deceive victims make fraud prevention more critical than ever.

Fraud and financial crime are growing concerns globally

Individuals and organisations are facing substantial risks linked to investment fraud. As we navigate this shifting financial landscape, staying ahead of the threats requires adaptability and expertise. A comprehensive and well-coordinated approach is essential to effectively combat these challenges.

With financial crime becoming more advanced, your defences must evolve in tandem. It’s no longer sufficient to rely on static compliance models, organisations need dynamic, responsive teams that can act quickly and decisively. Ensuring that your teams are well-equipped, both in terms of capacity and skillset, is now a business imperative.

Building resilience in a high-risk financial landscape

At Momenta, we help build teams to combat investment fraud. We have a proven track record of supporting Tier 1 banks and financial institutions with their financial crime strategies. Whether you need professionals to conduct transaction monitoring, file Suspicious Activity Reports (SARs), perform periodic Know Your Customer (KYC) reviews, or provide Anti-Money Laundering (AML) advisory expertise, we can help.

Our impressive network of skilled professionals ensures that you have the right expertise when and where you need it most. We have the specialists to help you identify vulnerabilities, fortify their defences, and remain resilient in an increasingly hostile environment.

Ready to strengthen your fraud prevention strategy?

Learn more about how Momenta helped financial services firms manage financial crime challenges.